An expert witness, Dr Tunji Adejumo, on Tuesday claimed that a 14-storey building being constructed by the Standard Chartered Bank in Victoria…
Category:
Economy
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The market indices of the Nigerian Stock Exchange (NSE) on Tuesday dropped further by 1.6 per cent due to profit-taking embarked upon…
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The Nigeria Deposit Insurance Corporation (NDIC) said that total deposits of commercial banks stood at N17.16 trillion as at September 2014. The…
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BusinessEconomyFinanceNews
MD Infrastructure Bank canvases utilization of pension fund, private capital
The Managing Director, Infrastructure Bank Plc., Mr Abdulrasak Oyinloye, has urged the Federal Government to invest the pension fund into financing sustainable…
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The Central Bank of Nigeria will tomorrow unveil a secial N100 note to commemorate the Marion’s centenary celebrations. In statement issued by…
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BusinessEconomyNews
Auto Industry: Wholesale trade liberalization policies is counter-productive, says PAN
The Managing Director/CEO, Peugeot Automobile Nigeria, PAN, Mr. Ibrahim Boyi, yesterday, said, given Nigeria’s level of development, wholesale trade liberalization policies, that…
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The Central Bank of Nigeria (CBN) has commenced investigation of two banks for foreign exchange malpractices. The two Ter 2 banks are…
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Operators in the Nigerian technology ecosystem have decried the dearth of opportunity for early stage investment for tech start-ups planning to break…
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The Minister of Finance, Dr Ngozi Okonjo-Iweala, has advocated appropriate legal framework for Public-Private-Partnerships (PPP) that would accommodate risk sharing. Okonjo-Iweala made…
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Stakeholders in tax matters converged on Abuja to seek for new ways to enhance tax dispute resolutions in the country. The two-day…
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The President of the Nigerian-American Chamber of Commerce (NACC), Mr Sam Ohuabunwa, says Nigeria has yet to enjoy the benefits of the…
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The Federal Government has said that it would explore other sectors, including agriculture and tax, to mitigate the impact of drop in…
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The Consul-General of the People’s Republic of China in Lagos, Mr Liu Kan, on Wednesday said that the trade volume between Nigeria…
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BusinessEconomyNewsOil and Gas
OPEC’s Badri sees little output change in 2015, says don’t panic on oil drop
OPEC’s oil production is unlikely to change much in 2015 and there is no need to panic at the crude price drop,…
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The Federal Government on Monday removed Value Added Tax (VAT) on commissions applicable to capital market transactions. The government had, two years…